First Capital (NASDAQ:FCAP) Rating Increased to Hold at Wall Street Zen

First Capital (NASDAQ:FCAP) was upgraded by equities researchers at Wall Street Zen to a “hold” rating in a research note issued on Saturday.

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of First Capital in a research report on Monday, December 29th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

First Capital Trading Down 1.9%

FCAP stock opened at $51.51 on Friday. The firm has a 50 day moving average of $53.40 and a 200-day moving average of $45.52. First Capital has a 12 month low of $30.49 and a 12 month high of $71.00. The firm has a market capitalization of $172.56 million, a P/E ratio of 11.68 and a beta of 0.64.

First Capital (NASDAQ:FCAP) last posted its earnings results on Friday, October 24th. The savings and loans company reported $1.34 earnings per share (EPS) for the quarter. The business had revenue of $13.26 million for the quarter. First Capital had a net margin of 23.29% and a return on equity of 12.04%.

Institutional Trading of First Capital

Several hedge funds and other institutional investors have recently bought and sold shares of FCAP. Police & Firemen s Retirement System of New Jersey bought a new position in shares of First Capital during the 2nd quarter valued at $28,000. CWM LLC purchased a new stake in First Capital during the second quarter valued at about $31,000. Farther Finance Advisors LLC bought a new position in shares of First Capital during the second quarter valued at about $44,000. JPMorgan Chase & Co. increased its holdings in shares of First Capital by 30,940.0% in the second quarter. JPMorgan Chase & Co. now owns 1,552 shares of the savings and loans company’s stock worth $64,000 after buying an additional 1,547 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of First Capital in the second quarter worth about $74,000. Hedge funds and other institutional investors own 11.65% of the company’s stock.

About First Capital

First Capital, Inc is a closed-end, non-diversified management investment company organized as a business development company (BDC) under the Investment Company Act of 1940. Listed on the NASDAQ under the ticker FCAP, the firm specializes in providing debt and equity financing solutions to U.S. middle-market companies. External management is provided by First Capital Asset Management, LLC, leveraging senior credit expertise to structure tailored financing that supports growth initiatives, recapitalizations and acquisitions.

The company’s investment portfolio comprises senior secured loans, second-lien and subordinated debt, as well as equity co-investments.